Public Private Partnerships In Infrastructure Projects
AbstractPublic Private Partnerships (PPPs) are new, innovative ways in which the public and the private sector can cooperate to efficiently build infrastructure assets by sharing risks and rewards and focusing on elements that each of them excel in. Over the course of the last half of century, several countries in the world such as the UK, Australia or the Unites States have embraced the concept and have sets new challenges in applying its principles to evermore activities and economic sectors. The PPPs represent a hybrid way of supplying good and providing services in which the private and public sectors work together to achieve results which could not have been obtained by one party’s efforts only.
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Bibliographic InfoArticle provided by The Bucharest University of Economic Studies in its journal Journal of Doctoral Research in Economics.
Volume (Year): 3 (2011)
Issue (Month): 3 (September)
public sector; private sector; public-private partnership; project finance;
Find related papers by JEL classification:
- H42 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Private Goods
- P33 - Economic Systems - - Socialist Institutions and Their Transitions - - - International Trade, Finance, Investment, Relations, and Aid
- P45 - Economic Systems - - Other Economic Systems - - - International Linkages
- F30 - International Economics - - International Finance - - - General
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